Federal Reserve Economic Data

Table Data - Labor Compensation for Accommodation and Food Services: Hotels (Except Casino Hotels) and Motels (NAICS 721110) in the United States

Title Labor Compensation for Accommodation and Food Services: Hotels (Except Casino Hotels) and Motels (NAICS 721110) in the United States
Series ID IPUTN721110L020000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Millions of Dollars
Date Range 1987-01-01 to 2023-01-01
Last Updated 2024-04-26 9:06 AM CDT
Notes Labor compensation, defined as payroll plus supplemental payments, is a measure of the cost to the employer of securing the services of labor. Payroll includes salaries, wages, commissions, dismissal pay, bonuses, vacation and sick leave pay, and compensation in kind. Supplemental payments include both legally required expenditures and payments for voluntary programs. The legally required portion consists primarily of federal old age and survivors’ insurance, unemployment compensation, and workers’ compensation. Payments for voluntary programs include all programs not specifically required by legislation, such as the employer portion of private health insurance and pension plans.
DATE VALUE
1987-01-01 15732.524
1988-01-01 17885.638
1989-01-01 19553.599
1990-01-01 21015.556
1991-01-01 21596.372
1992-01-01 21939.495
1993-01-01 22744.751
1994-01-01 23477.591
1995-01-01 24604.556
1996-01-01 26353.587
1997-01-01 28720.960
1998-01-01 30737.281
1999-01-01 32362.571
2000-01-01 34806.544
2001-01-01 34980.542
2002-01-01 33770.848
2003-01-01 34945.045
2004-01-01 37444.507
2005-01-01 39811.497
2006-01-01 41349.951
2007-01-01 44114.952
2008-01-01 45354.801
2009-01-01 41976.313
2010-01-01 43387.450
2011-01-01 46000.396
2012-01-01 48393.171
2013-01-01 50448.959
2014-01-01 53628.846
2015-01-01 56863.649
2016-01-01 59080.757
2017-01-01 62452.549
2018-01-01 65206.327
2019-01-01 68084.425
2020-01-01 44528.565
2021-01-01 51202.580
2022-01-01 68282.276
2023-01-01 77130.932

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